The Enforcement Directorate (ED) has arrested businessman Vikas Garg in connection with its ongoing investigation into the alleged Mahadev online betting app money laundering case, marking another significant development in one of India’s largest financial crime investigations. According to officials, Garg was taken into custody under the provisions of the Prevention of Money Laundering Act...
The Enforcement Directorate (ED) has widened its investigation into an alleged financial irregularities case linked to funds associated with the Trinamool Congress (TMC), focusing on aircraft and helicopter purchases involving transactions estimated at nearly ₹160 crore. The agency is examining whether these high-value aviation acquisitions were financed using proceeds of crime or involved the laundering...
The Delhi High Court is currently hearing a crucial set of petitions in the ongoing excise policy case, a matter that continues to draw significant legal and political attention. The proceedings focus on the Central Bureau of Investigation’s (CBI) challenge to a trial court order that discharged several accused, including former Delhi Chief Minister Arvind...
CHENNAI: On Thursday, the Enforcement Directorate (ED) conducted raids at more than 35 locations, involving 50 companies and approximately 25 individuals associated with Anil Ambani’s Reliance Group. This action was taken under Section 17 of the Prevention of Money Laundering Act (PMLA) in relation to an alleged loan scam worth Rs 3,000 crore linked to...
New Delhi: On Wednesday, the Enforcement Directorate initiated a FEMA case against Myntra, an e-commerce platform backed by Flipkart, along with its associated companies and directors, for allegedly contravening FDI regulations amounting to over Rs 1,654 crore. Complaint filed under Section 16(3) of FEMA The ED stated that the complaint was lodged under Section 16(3)...
Hyderabad: The Enforcement Directorate has called upon actors Rana Daggubati, Prakash Raj, Vijay Deverakonda, and Lakshmi Manchu for interrogation regarding a money laundering investigation associated with unlawful online betting and gambling activities conducted by certain platforms, as reported by official sources on Monday. The federal investigative agency has requested Daggubati (40) to report to its...
Hyderabad: The Enforcement Directorate (ED) has initiated action against 29 actors, influencers, and YouTubers for allegedly promoting illegal betting platforms. These celebrities are accused of breaching the Public Gambling Act of 1867 by endorsing betting applications that have resulted in significant financial losses for the public. Five FIRs Trigger ED Investigation This enforcement action follows...